Critical Minerals
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Australian mining industry: 2025 review
Yahoo Finance· 2025-12-23 12:05
Core Insights - Australia maintains its status as a secure, low-risk supplier of critical minerals, bolstered by strong ESG credentials and a skilled mining workforce [1] - The country is actively diversifying its critical minerals supply chains away from China's dominance, with significant growth in demand for lithium, nickel, copper, and rare earths driven by global decarbonization efforts [2][3] Industry Overview - The mining sector contributes over 12% to Australia's GDP and accounts for approximately 70% of export earnings, with coal representing 5% of global output [5] - Australia holds significant global reserves, including 36.4% of lead, 29.4% of manganese, and 39.8% of lithium, positioning it among the top producers of various commodities [6] Production Forecasts - Lithium production is projected to increase by 2.7% in 2025, reaching 114.4 kilotonnes, with a CAGR of 5.2% expected until 2030 [9] - Iron ore output is anticipated to grow by 1.4% in 2025, with a forecasted CAGR of 2.8% from 2025 to 2030, reaching 1,108.7 million tonnes [10] - Zinc production is expected to recover modestly by 1.6% in 2025, while copper output is forecasted to decline by 7.9% due to mine closures [11][14] Policy and Investment - Federal initiatives such as the Critical Minerals Strategy and a A$4 billion Critical Minerals Facility are enhancing investment confidence and promoting downstream processing [8] - The Victorian state government has launched a Critical Minerals Roadmap to attract investment in various minerals and promote ethical sourcing [20] Technological Advancements - The mining sector is increasingly adopting AI and automation technologies to enhance operational efficiency and meet rising demand for transition minerals [23][24] - Major mining companies are implementing autonomous systems, with over half of haul truck movements in the Pilbara expected to be autonomous by mid-2025 [24] Operational Challenges - Rising operational costs and skill shortages are impacting the mining industry, with wage growth in mining averaging 5.3% in 2024, above the national average [26][27] - The industry faces financial stress, with some companies experiencing liquidity pressures and project delays due to skill shortages [28][29]
International Lithium Corp. AGM Chairman's Statement
TMX Newsfile· 2025-12-22 11:00
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC") will hold its 2025 Annual General Meeting today, December 22, at 9.30 a.m. Pacific Time. At that meeting, John Wisbey, Chairman and CEO, will make the following statement:"Good morning, and welcome to the 2025 Annual General Meeting of International Lithium Corp. ("ILC" or the "Company"). I would like to share a few comments on the year-to-date and t ...
X @Bloomberg
Bloomberg· 2025-12-18 19:54
A US development-finance agency that’s on track for a tripling in funding aims to invest in data centers for AI, as well as critical minerals and energy, according to a top official https://t.co/kGHeOvvgqR ...
NevGold Adds 6 Square Kilometers of Highly Prospective Outcropping Antimony-Gold Targets at Limo Butte, Nevada
Globenewswire· 2025-12-17 12:00
Vancouver, British Columbia, Dec. 17, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that is has staked an additional 90 claims, approximately 6 square kilometers or 1500 acres, with strong antimony-gold prospectivity at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The newly staked ground has the same geological signatures as other antimony-gold targets at the Project. Aerial Drone Footage of 2025 ...
Large Critical Minerals Deposit Discovered In Utah
Yahoo Finance· 2025-12-17 00:00
A Utah company has unearthed a massive deposit of critical minerals, describing it as potentially “one of North America’s most significant” finds to date. According to Ionic Minerals Technology, assays from its Silicon Ridge project in Utah have confirmed the presence of 16 critical minerals, including germanium and gallium, in the halloysite-hosted ion-adsorption clay (IAC) system, a geological system that’s easier to extract minerals from compared to the conventional hard-rock. Located in Provo, less t ...
US Tries to Rely Less on China for Critical Minerals
Bloomberg Television· 2025-12-16 20:44
you are all in on AI supply chain resiliency and maybe managing to ensure that China doesn't own it all. How does this particular Tennessee smelter speak to that initiative. >> Well, Caroline, it's great to be with you and um uh it's great to be on your show.So during my confirmation hearing back in June, the Senate asked for a strategy and the president's national security strategy gave them one. And every day the State Department is wasting no time to give them results. Our economic security strategy is b ...
US Tries to Rely Less on China for Critical Minerals
Bloomberg Technology· 2025-12-16 19:16
You are all in on supply chain resiliency and maybe managing to ensure that China doesn't own it. Or how does this particular Tennessee smelter speak to that initiative. Well, Caroline, it's great to be with you and it's great to be on your show.So during my confirmation hearing back in June, the Senate asked for a strategy and the president's national security strategy gave them one. And every day the State Department is wasting no time to give them results. Our economic security strategy is based on four ...
Teck and Anglo American receive Government of Canada approval for merger of equals under Investment Canada Act
Globenewswire· 2025-12-16 01:54
Core Viewpoint - The merger between Teck Resources Limited and Anglo American plc has received regulatory approval from the Government of Canada, establishing a new entity named Anglo Teck, aimed at becoming a global leader in critical minerals with significant investments in Canada [1][3][4]. Commitments and Investments - Anglo Teck is committed to investing at least C$4.5 billion in Canada within the next five years, contributing to a total of at least C$10 billion over 15 years [2][12]. - Specific projects include the Highland Valley Copper mine life extension with an expected capital investment of C$2.1 to C$2.4 billion, and up to C$850 million for enhancing critical minerals processing capacity at Trail Operations [13][14]. - Anglo Teck will also advance the development of the Galore Creek and Schaft Creek copper projects with capital expenditures of up to C$750 million [14]. Corporate Structure and Governance - Anglo Teck will have its headquarters in Vancouver, Canada, with a significant majority of its senior management based in Canada, including key executive positions [6][9]. - A substantial proportion of the board of directors will be Canadian, ensuring local representation [9]. Environmental and Social Commitments - The new entity will uphold leading environmental and social practices, honoring existing agreements with Indigenous communities and promoting responsible mining [10][19]. - Anglo Teck plans to invest at least C$200 million in initiatives supporting Indigenous governments and communities [16]. Strategic Importance - The merger is positioned to enhance Canada's role in the global critical minerals market, aligning with government economic strategies and creating benefits for various stakeholders [4][5]. - The establishment of a Global Institute for Critical Minerals Research and Innovation is part of the commitment to foster research and development in the sector [21].
X @Bloomberg
Bloomberg· 2025-12-15 16:06
China has started granting licenses with lengthier terms to allow European companies to obtain critical minerals, European Commission's trade chief Maros Sefcovic says https://t.co/AR3mbuBV8O https://t.co/9Y0LH823pw ...
X @Bloomberg
Bloomberg· 2025-12-15 14:16
China has started granting licenses with lengthier terms to allow European companies to obtain critical minerals essential for industries https://t.co/BpuTyA6PCW ...